15 Years in Cold Calling, Looking to get into Appointment Setting For REIs -- advice?

15 Years in Cold Calling, Looking to get into Appointment Setting For REIs -- advice?

Vancouver, BC · Member since 2011 · 2 posts · 0 votes

Hello everyone!

New to the forums, but absolutely amazed at how supportive the community seems to be. I was genuinely blown away by how open, honest, and educational everyone here seems to be :)

Now, as the title suggests, I'm pretty much green to real estate. I've read into the basics--short sales, preforeclosures, etc, and had a summer job calling into specific areas for a small group of real estate agents in Canada back in my early college days, but that's about it.

What does interest me is how many agents seem to acknowledge that cold calling works, but who are loathe to actually make the calls. I have been setting up calling campaigns for 15 years now, taking on everything from used cars to educational contracts to fish tanks... pretty much if it can be sold over the phone or an appointment can be booked for it, I've done it.

So, I'm thinking for my next mountain to climb, I will be applying my resources, staff, and experience to provide a tailored service for real estate agents. How useful would the idea of the service be to you, and what frustrations / obstacles have you ran into in the past that you believe would need to have special attention dedicated to them in order for such a campaign to be a success?

Grateful for any suggestions you can provide! :)

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  • Real Estate Consultant · Birmingham, AL · Member since 2009 · 69 posts · 22 votes
    15y

    Hey Andrew!

    I think your biggest barrier will be the Real Estate Laws... They are pretty strict on what you can do without having a license.

    With that being said, I know many consultants that call up lists of investors and find those looking for properties in a particular area. They then look up sellers or agents in those areas and connect the parties. They are not promoting properties, they are simply connecting parties together...

    BP... Thoughts?

  • Wholesaler · Salt Lake City, UT · Member since 2009 · 1k+ posts · 401 votes
    15y

    Andrew

    Don't know the B.C, laws. But in California as a broker I can pay finders fees to someone as long as they don't cross the line into licensed activities.

    So someone locating leads for my sales staff, basically bird-dogging is fine. However the problem would be I think your hoping to get paid per lead, and my lifetime policy is to pay for results. So you give me 10 leads and one pans out you will need to base your program on that.

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